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Coronado Industries reported the following results from the sale of 7800 hammers in May sales $312000, variable costs $187200, fixed costs $60000, and net income

Coronado Industries reported the following results from the sale of 7800 hammers in May sales $312000, variable costs $187200, fixed costs $60000, and net income $64800. Assume that Coronado increases the selling price of hammers by 10% on June 1. How many hammers will have to be sold in June to maintain the same level of net income? 6490 7800 7091 6240

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Corporate Finance A Focused Approach

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